LONDON and NEW YORK, September 9 /PRNewswire/ --

- GoldenSource EDM Suite Version 8.2 Provides end-to-end Price Management
With Multiple Golden copy Capabilities

GoldenSource Corporation, a global software provider of enterprise data
management (EDM) solutions for financial institutions worldwide, today
released version 8.2 of its award-winning EDM suite which includes a major
upgrade of its pricing capabilities. New workflow and validation tools will
increase flexibility and transparency across all pricing functions, including
P&L analysis, client reporting, product control, risk management, and
finance.

The upgrade will benefit sell-side firms by improving their IPV
(Independent Price Verification) processes, as well as fund administrators
and custodians who are under pressure to support clients' multiple pricing
and valuation policies. Automation of the price collection, validation and
cross-checking processes will also eliminate the need for manual workarounds
and provide greater clarity into asset valuation.

John Jay, senior analyst at Aite Group said, "The importance of accurate
pricing valuations is now a top IT priority. In a recent survey carried out
by Aite Group, respondents answered that five of their top eight IT
initiatives were valuation risk-related. With investors and regulators
looking ever more closely into organizations' positioning of their pricing
and valuation infrastructures, the pressure is on. Solutions that therefore
help companies to provide accurate pricing will be key to ensuring output
integrity and consistency."

Users can construct pricing methods and validation rules with any mix of
sources, hierarchies and validations, and implement a scalable "source data
once - use multiple times" approach. The GoldenSource EDM suite also features
end-to-end workflows for the verification process, ensuring step-by-step
control and increased auditability. In addition, the integration of all
pricing related processes eliminates the operational risks often associated
with poorly integrated in-house and third-party systems.

"Without automation, firms have to create a different mix of data feeds,
hierarchy preferences and validation rules for each pricing policy, making
them difficult to duplicate and almost impossible to audit," said Tom Stock,
SVP Product Management, GoldenSource. "Automation enables users to serve up
multiple golden copy prices from a single data source, scale pricing and IPV
processes and address regulatory demand for auditable pricing."

Version 8.2 also includes new features and enhancements designed to
increase flexibility and further streamline the data management process from
end-to-end, including:

- Redesigned user interface with customizable screens and functions,
      improving usability and control
    - Exception management improvements
    - New and enhanced connections



GoldenSource's EDM suite supports pricing for equities, fixed income
securities, options, futures and OTC products. Users can also plug in their
own pricing models for complex instruments such as OTC derivatives and
reconcile them against third-party valuation services.

About GoldenSource

GoldenSource makes it easy to manage critical reference and market data.
We offer an integrated Enterprise Data Management (EDM) [platform] for the
securities and investment management industry.

Our innovative products are designed to create, maintain and distribute a
trusted golden copy. Our unique data model covers all financial instruments,
customers and counterparties, and extends to transactions and positions. The
ability to connect, organise and aggregate trusted information reduces risk,
drives better decisions and helps our customers achieve their goals.
GoldenSource solutions are used by forward-looking banks, brokers, investment
managers and service providers to reconcile tactical departmental goals and
strategic enterprise objectives.

A proven supplier of on premises EDM solutions to the world's largest
financial institutions, GoldenSource also powers managed data services via
the innovative Powered by GoldenSource(TM) program.

For more information, visit http://www.thegoldensource.com

For more information

    U.S. press office                      UK press office
    Metia Inc.                             Metia
    Sheryl Lee                             Daniel Diaz/ Andy Martinus
    Tel:+1-917-320-6462                    Tel. +44(0)20-3100-3729/3585
    Email: MetiaGoldenSource@metia.com     Email: MetiaGoldenSource@metia.com